Upbit exchange also allows its users to make withdrawals. The fee differs per session which you can find on their ‘Information Use’ section. Just like deposits, withdrawing your funds from this platform is also easy and quick.
Please see the steps below for the instructions on how to withdraw.
After accessing the Login page, click on the ‘Login to cacao account’ button.
Input the email address and password that you used when you signed up for an account on Upbit/Kakao. To continue, click on the Log-In button.
1. Withdraw Bitcoin from your Upbit account
Just like other exchanges, a user can only withdraw once his/her account gets fully authenticated. After completing the verification stage, you can go to the ‘Disbursement’ tab on the top navigation bar to start your withdrawal.
Select from the list of assets the cryptocurrency from which you want to withdraw the funds. Go to the ‘Withdrawal’ tab and follow the additional instructions just like entering the correct info of the receiver of funds. Achieving accuracy for this transaction will avoid issues and delays.
Awesome! You have successfully withdrawn Bitcoin from Upbit.
2. Withdraw Fiat money from your Upbit account
If you have a verified Upbit account, you can also make a Fiat withdrawal. Do this by going to the ‘Disbursement’ tab.
Point your mouse to the Fiat currency that holds the funds and navigate to the ‘Withdrawal’ tab. As always, be sure to follow the additional instructions. This step includes entering the correct details of the receiving channel which may consist but not limited to bank details and personal info.
To gain access to the status of your transaction, you can go to the ‘Deposit/withdrawal waiting’ section of the ‘Investment History’ page.
Congratulations! You have now withdrawn Fiat money from your Upbit account.